Are US Industries Becoming More Concentrated?

Accumyn Affiliate Director and Rice University professor Gustavo Grullon along with Yelena Larkin of York University and Roni Michaely of Cornell University examine data that provides evidence of the increasing concentration of industry, analyze how operating in concentrated markets has affected firms performance, and present potential explanations for the trend towards concentration in their academic paper, “Are US Industries Becoming More Concentrated?” To read the article please click this link.

Accumyn Welcomes Ross Smith to the Team

 Accumyn is pleased to announce that Ross Smith has joined us as a new Analyst. Ross is a political scientist with experience in international treaties, along with political and legal research. He is looking forward to assisting with client engagements, research, financial analysis, and preparation of expert reports. Ross received his Bachelor of Arts in Political Science and in History from Northwestern University.

We are delighted to welcome Howard Park to our team.

We are excited that Howard Park has come on board as an Affiliate Director.  He brings over 25 years of experience serving public and private businesses, government entities, and professional firms in business modeling, valuation, investments and economic consulting. He has performed economic projections, analysis of damages, and valuation analysis, often using advanced tools such as big data, Monte Carlo simulations, and other analytics.  Industry experience includes energy, health care, financial services, retail, higher education, EDCs, and government (regional, state,…

Welcome back Stephen Neigut to the Accumyn Team

Accumyn is pleased to announce that Stephen Neigut has rejoined us as an Affiliate Director. He has considerable experience in operation, maintenance, optimization, design, and construction of facilities within the energy sector. His career spans offshore, pipelines, midstream, refining, petrochemical, biofuels, distribution and retail operations. Prior to joining us, Stephen was at Texaco, Aramco, ExxonMobil, LECG,  Shell, and others. Steve is a Texas A&M graduate who earned his Bachelor of Science, Chemical Engineering and he earned a Masters in Business Administration…

3 Areas of Risk the Oil and Gas Industry Should Monitor as We Emerge from the Slump

In their article “3 Areas of Risk the Oil and Gas Industry Should Monitor as We Emerge from the Slump,” Accumyn’s Bonnie Milne-Andrews and Ian Threadgold recommend that energy professionals focus on people, plant, and processes to ensure safety as industry operations pick back up. The article appears in the March 24-30, 2017 issue of the Houston Business Journal. Click here to read the article.  

Take STEPS to Improve Your Safety Performance.

Accumyn Affiliate Director Ian Threadgold published his latest article in SHALE Oil & Gas Business Magazine. See the link below to read the full piece, titled “Take STEPS to Improve Your Safety Performance.” “Take STEPS to Improve Your Safety Performance.”    

Welcome Constantine Caracostis to the Accumyn Team

Accumyn is pleased to announce that Constantine Caracostis, Ph.D., has joined us as a new Associate Managing Consultant. He looks forward to working with the team on energy and commercial sector engagements including Capital Project Management, Exploration & Production and Construction Claim & Dispute matters. Prior to joining us, Constantine was with Shell for 15 years as both a Senior Offshore Engineer and an Independent Consultant. He earned both a Ph.D. and master degree in civil engineering. Constantine is a native of Greece and…

OSHA – Enforcer or Your Free Safety Coach?

Accumyn's Ian Threadgold explores how company leadership and their views on workplace safety affect which version of OSHA a company will deal with in his article, "OSHA - Enforcer or Your Free Safety Coach?" in the January/February 2017 issue of Shale Magazine. Click here to read the article. Mr. Threadgold, an affiliate director at Accumyn, is a Certified Safety Professional (CSP) and serves as a safety management systems expert and auditor in the capital project management, petroleum & chemicals and industrial safety…

Welcome Geoff Fletcher to the Accumyn Team

Accumyn is pleased to announce that Geoff Fletcher has joined us as a new Associate Managing Consultant. He looks forward to working with the team on construction claim and dispute engagements. Prior to joining us, Geoff was a Senior Contract Manager for Shell Global Solutions. Previous positions include Senior Quantity Surveyor for Basra Gas Company (Iraq), a JV with Shell and a Construction Consultant for Faithful and Gould. Geoff is a graduate of the Royal Institute of Chartered Surveyors as part…

Welcome Crystal Thomas to the Accumyn Team

Accumyn is pleased to announce that Crystal Thomas has joined us as a new Associate Consultant. She looks forward to working with the team on safety engagements. Prior to joining us, Crystal was an Incident Investigations Advisor for a major oil company.  Previous positions include Hazardous Materials Accident Investigator at the National Transportation Safety Board and a Ballistics Test Engineer at the Naval Surface Warfare Center. Her work for the National Transportation Safety Board involved high-profile investigations into major domestic and international railroad, aviation,…

Accumyn Consulting’s First Annual State of the Union

Accumyn Consulting presented its first annual State of the Union on Friday, December 2, 2016. During the event, Scott A. Bayley, Accumyn's Founder and President, reviewed the company's performance over the last ten years and the outlook for 2017. Managing Consultant Maria Ritchey and Marketing Consultant Kara Kovalsky provided an overview of operations and business development strategies.

Ian Threadgold Presented at 2016 OSHA Oil & Gas Safety and Health Conference

Accumyn's Ian Threadgold presented ‘The Gold Standard for Contractor Safety Management Guidance’ at the 2016 OSHA Oil & Gas Safety and Health Conference on November 29, 2016. In his presentation, Threadgold provided insights on the best guidance documents available to use for contractor safety management in the oil and gas industry. He explained that it is critical to get more of the smaller and mid-sized US oil and gas companies and contractors using industry best practices due to the fact that in 2014 (last year data…

Why Did Stock Prices Fluctuate So Dramatically During The Internet Boom?

Accumyn's Gustavo Grullon, along with fellow Jones Graduate School of Business at Rice University professor, James P. Weston,  explore the many factors that drove the market-wide fluctuation during the high-tech industry boom in their article, "Why Did Stock Prices Fluctuate So Dramatically During The Internet Boom?" on November 9, 2016 as part of Rice University's Business Wisdom website. Click here to read the article. Dr. Gustavo Grullon, an Affiliate Director at Accumyn Consulting, is a professor of finance at Rice University's Jones Graduate School of…

Vote in the 2016 Election

Accumyn encourages everyone to perform their civic duty by voting today in the 2016 Election. For more information on election statistics and results please click here.

Beware Of The Inexperienced Leading Oil Cos. Amid The Slump

Accumyn's Bonnie Milne-Andrews and Ian Threadgold explore the many factors following the downturn that will lead to an increase in oilfield operational risk in their article, "Beware of the Inexperienced Leading Oil Cos. Amid The Slump" in the October 21st issue of the Houston Business Journal. Click here to read the article. Ms. Milne is an experienced exploration and production professional with expertise in domestic and international new ventures, acquisition and divestiture, exploration and drilling operation. She has managed a…

Welcome Kara Kovalsky to the Accumyn Team

Accumyn is pleased to announce that Kara Kovalsky has joined us as a Marketing Consultant. She looks forward to coordinating our marketing plan, managing our website and social media and developing our internal and external  events. Prior to joining us, Kara was a Consultant  for Regester Larkin, an international crisis management consultancy. Previous positions include Communications Assistant at Hess Corporation and Marketing Intern at TGS-NOPEC. Kara is a Baylor University graduate earning her Bachelor of Business Administration in Marketing in 2010. Kara is…

Coordinate, Collaborate and Consolidate

Accumyn's Carl Oland explores how oversight activities and audits should be developed to suit proprietary processes in his article, "Coordinate, Collaborate and Consolidate" in the October issue of Quality Process Magazine. To read the article click here. Mr. Oland is an Accumyn Managing Consultant directing its management systems functions that include quality, safety, environmental, and risk management. He is the founder and Limited Partner of Oland Interests, L.P. with over 45 years of experience in design, engineering, quality, and management…

Ian Threadgold to Present at 2016 OSHA Oil & Gas Safety & Health Conference

Accumyn's Ian Threadgold will be presenting 'The Gold Standard for Contractor Safety Management Guidance' at the 2016 OSHA Oil & Gas Safety & Health Conference to be held at the Hilton Americas (across from the GRB convention center) on November 29-30, 2016. For more information and to register please click here. Mr. Threadgold, an affiliate director at Accumyn, is a Certified Safety Professional (CSP) and serves as a safety management systems expert and auditor in the capital project management, petroleum…

Americans and Their Cars

Accumyn in the News: Accumyn Consulting - Dispute Analysis President Scott A. Bayley wrote the article Americans and their Cars” that appeared in the SHALE Oil & Gas Business Magazine.

Managing Your Savings

Accumyn in the News: Accumyn Consulting - Dispute Analysis President and Director Scott A. Bayley wrote the article “Managing Your Savings ” that appeared in the SHALE Oil and Gas Business Magazine.

The Big Deals That Made Big Oil

Accumyn in the News: Accumyn Consulting - Dispute Analysis President and Director Scott A. Bayley wrote the article “The Big Deals That Made Big Oil” that appeared in the SHALE Oil and Gas Business Magazine.

Accumyn in the News

Accumyn in the News: Accumyn Consulting - Dispute Analysis team members appeared on KPRC2 Local 2 News enjoying a 'puppy break'. The initiative was a partnership between BARC Animal Shelter and Uber that allowed offices around Houston to request a puppy break instead of a coffee break. All of the proceeds from this citywide program ($25 per puppy request) went to the BARC Animal Shelter to help find abandoned and stray animals new homes.

To drill or not to drill — that is the question

Accumyn in the News: Accumyn Consulting - Dispute Analysis president Scott A. Bayley and director Guy Brasseux wrote the article “To Drill or Not to Drill - That is the Question” that appeared in the Houston Business Journal. Accumyn experts took sides, representing a very timely issue facing the energy industry.  

Accumyn assists QWebL Progress from Development to Revenue Generation

QWebL, Inc. is a Houston based home automation system provider that specializes in delivering an out‐of‐the‐box solution to home builders, integrators and homeowners, offering control and customization through easy to use controls. Although QWebL developed revolutionary software to make home automation possible, it still required the leadership of a financial professional to transition it to its next phase ‐‐ revenue generation. Based on the strength of prior services provided to QWebL, Accumyn was asked to assist the company through our…

Accumyn Assists in the Successful Restructuring of Particle Drilling Technologies

Particle Drilling Technologies, Inc., based in Houston, Texas, is an oilfield service company in the process of commercializing its patented advanced drilling technology known as Particle Impact Drilling (PID). The purpose of the PID System is to significantly reduce the time and cost of drilling hard rock or other difficult to drill formations. The company was publicly‐held from 2004 through May of 2009, and has operated since 1993. Deteriorating capital markets, costly financing and weak financial management were driving Particle’s…

Commission Orders Construction Cost Overruns Borne by Utility in Matter Involving Accumyn Testimony

Accumyn Consulting recently completed an engagement for a state regulatory agency representing ratepayers in a proceeding to address the rising cost of construction for an electric generating facility. The regulatory commission order concluding the Duke Energy Edwardsport case has reduced ratepayer liability for construction cost overruns by almost $900 million, and capped the costs for the life of the Project, saving ratepayers approximately $2 billion over the next 30 years. Accumyn experts, Scott Bayley and Robert James, were asked to provide…

Accumyn’s Stephen Traicoff Performs Analysis of Multi-Year, Fixed Price Gas Sales Contract

The deregulation of the California energy markets, intended to provide consumers with competitive energy prices, had the unintentional result of allowing market manipulation and inducing significant volatility in power and gas prices. During this time, several regulated power and gas utilities became active, via unregulated affiliates, in the commercial trading and retail marketing of power and gas to small-scale commercial customers. Following a dramatic run-up in prices in late 2000 and early 2001, these unregulated affiliates attempted to lock in…

Scott A. Bayley Provides Trial Testimony Regarding Value of Partnership Interest in Real Estate Ventures

Scott Bayley provided an expert disclosure, deposition testimony, and trial testimony resulting in a unanimous twenty-seven page verdict for the minority partner on all claims (breach of fiduciary duty, breach of contract, minority oppression, fraud, civil conspiracy, and aiding and abetting) including punitive damage findings in less than two hours.

Accumyn Consulting Adds Value In Construction Lien Dispute At A HPIB Unit

Accumyn director Robert James, PE, and chemical engineer Carl Bradow were hired by counsel for Amegy Bank National Association (the plaintiff) to provide expert services in support of the bank’s position in a matter involving contractor liens on materials and equipment.  After the bankruptcy of its owner, several contractors (the defendants) had claimed removal of their installed improvements at a High Purity Isobutylene (“HPIB”) unit constructed in Pasadena, Texas.  Mr. James’ testimony was deemed credible and given substantial weight in the Court’s…

Fraud Detection

Accumyn in the News: Accumyn Consulting - Dispute Analysis President and Director Scott A. Bayley and affiliate Director David N. Eliff wrote the article “Fraud Detection” that appeared in the Oil & Gas Investor.
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